👍//@HelenJanet: I am bullish on Pilbara Minerals Ltd (ASX:PLS) as Pilbara Minerals shares have been a star performer in 2022, it is ranked number one on the 2022 list of Top 10 hot ASX stocks in the Tiger Community and it is also one of Australia’s biggest listed pure-play lithium mining players. As of February 2023, Pilbara Minerals Ltd has a market cap of AUD14.66B in Market Capitalization. Pilbara is among the world’s top 10 global lithium producers. It is one of the very few ASX lithium shares that is actually producing lithium. Many others are explorers in the early stages of building mines. So, looking long term, Pilbara is well placed in that sense because it’s establishing customer relationships now, well in advance of other AS
@Tiger_AU:Top10: The most popular ASX stocks of 2022🌟🌟
👍//@koolgal: Day 5 - Today I learn how to judge the profitability of a company by using the important metric of ROE. ROE is the return on Equity of a company and is the best measure of its profitability. The formula is Net Income divide by shareholders equity (net assets). ROE will help me decide whether a company is efficient in generating profits. The higher the ROE, the more efficient the company is. The benchmark of 15% or more is desirable. Thanks @Tiger_Academy for your clear and concise explanation on ROE. It is a valuable metric that I will use in future before investing in a company.
@Tiger_Academy:DAY5: How To Judge The Profitability Of A Company?